[XAU/USD] Double Top
Last week, gold reached a new all-time high but then started to fall. Gold prices went up after the U.S. CPI (Consumer Price Index) was higher than expected and Federal …
[CAD/JPY] Oil Price Drop
Although the delay in Trump’s tariffs on Canada led to some buying of the Canadian dollar, concerns about tariffs kept prices from rising too much. Talks about ending the Ukraine …
[USD/JPY] Dollar Faces Resistance
After rising due to the U.S. Consumer Price Index (CPI) results the day before, the USD/JPY eventually fell back and closed lower. President Trump signed a tariff policy, but reports …
[XAU/USD] Market’s Overreaction Eases
The U.S. Consumer Price Index (CPI) released the day before was higher than expected, causing interest rates to rise. As a result, gold prices dropped for the first time in …
[EUR/USD] Euro Rises on EU Tariff Talks
Before the US CPI (Consumer Price Index) was released, the euro moved in a narrow range around the upper 1.03 level from the Asian to the European market. When the …
[USD/JPY] Yen Weakens as Price Moves Above 200-Day Moving Average (MA)
Yesterday, the Japanese yen weakened, and the USD/JPY exchange rate rose above 152.80, which was a strong resistance level at the 200-day moving average. It continued to rise to the …
[XAU/USD] US Consumer Price Index (CPI) and Ukraine
Yesterday, the US January CPI (Consumer Price Index) was higher than expected, both overall and core CPI. This shows that inflation is still strong. Because of this, interest rates went …
[GBP/USD] Bank of England (BOE) Maintains Tight Policy
Yesterday, during London trading hours, BOE MPC member Mann said that the Bank of England (BOE) will continue its tight monetary policy in the future. This was surprising because, in …
[USD/JPY] U.S. Consumer Price Index (CPI) Report
Yesterday, global stock markets rose, leading to a risk-on mood. As a result, investors sold the Japanese yen, and USD/JPY remained strong. During the New York session, Federal Reserve Chair …
[XAU/USD] Doji Candlestick at the Top
Yesterday, the Tokyo market was closed, and gold reached a high price. However, it later started to fall. On the daily candlestick chart, a Doji candlestick has appeared at a …